Overview
What is Community Foundation Of Bloomington And Monroe County Inc?
The Community Foundation of Bloomington and Monroe County Inc is a dedicated nonprofit organization situated in Bloomington, Indiana. Their primary objective is to improve their local community by managing permanent charitable capital, granting funds, and promoting inclusive leadership. They champion local philanthropy by establishing community assets, primarily through permanent endowment funds. The foundation administers grants across various charitable sectors, aligning with donor interests and community needs and opportunities. They manage over 200 funds, primarily endowments, including agency-designated, scholarship, donor-advised, field-of-interest, and unrestricted funds. The organization's mission revolves around supporting local non-profit organizations in the long term.
Official website here: www.cfbmc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Community Foundation of Bloomington and Monroe County Inc has received a perfect score of 100%, reflecting its exceptional performance in the Accountability & Finance category. This high rating signifies strong financial health and transparency, making it a trustworthy organization for potential donors and stakeholders. The foundation demonstrates effective governance with a fully independent board, ensuring sound decision-making processes.
Strengths highlighted include an impressive program expense ratio of 87.62%, indicating that a significant portion of funds is directed towards its programs rather than administrative costs. Additionally, the organization has shown great efficiency in fundraising, with a cost of only $0.05 to raise a dollar. This efficiency, combined with a low liabilities-to-assets ratio of 12.32%, suggests that the foundation is well-positioned to sustain its operations and maximize its impact in the community.
There are no noted limitations or concerns in the collected data, reinforcing the foundation's reputation as a responsible and effective nonprofit. All relevant policies are in place, demonstrating a commitment to ethical practices and accountability. Overall, the Community Foundation of Bloomington and Monroe County Inc stands out as a model nonprofit organization in terms of financial management and governance.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Community Foundation Of Bloomington And Monroe County Inc?
100% of 18 reviewers on Facebook recommend the Community Foundation of Bloomington and Monroe County Inc. Here is a summary of their reviews:
Many users highlight the organization as an invaluable resource for information regarding community resources. Reviewers appreciate the supportive role the foundation plays in connecting individuals and groups with the resources they need.
Overall, the sentiment is overwhelmingly positive, with individuals expressing gratitude for the foundation's efforts in enhancing community engagement and accessibility to various programs and services. It's clear that this nonprofit is making a meaningful impact in the local community.
This AI summary has been generated from reviews found on Facebook.
Is Community Foundation Of Bloomington And Monroe County Inc legitimate?
Community Foundation Of Bloomington And Monroe County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Bloomington And Monroe County Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $166,370
Professional Fundraising Fees: $0
Other Salaries and Wages: $546,777
For more financial information, click here
Official website here: www.cfbmc.org
What is the mission statement of Community Foundation Of Bloomington And Monroe County Inc?
The Community Foundation of Bloomington and Monroe County Inc is dedicated to enhancing its community through permanent charitable capital, effective grants, and inclusive leadership. The organization primarily supports non-profit organizations in its local community by championing local philanthropy, building community assets, administering grants across various charitable fields, and striving for inclusive community leadership on issues of local significance. The Community Foundation manages over 200 funds, primarily permanent endowments, including agency-designated, scholarship, donor-advised, field-of-interest, and unrestricted funds.
Official website here: www.cfbmc.org
Who is the CEO of Community Foundation Of Bloomington And Monroe County Inc?
Tina Peterson is the Chair of Community Foundation Of Bloomington And Monroe County Inc. The CEO's salary of Community Foundation Of Bloomington And Monroe County Inc is $161,490 and their total compensation is $166,335.
Official website here: www.cfbmc.org
What is the revenue of Community Foundation Of Bloomington And Monroe County Inc?
Community Foundation Of Bloomington And Monroe County Inc's revenue in 2022 was $6,724,359.
Official website here: www.cfbmc.org
Who are the executives of Community Foundation Of Bloomington And Monroe County Inc and what are their salaries?
The average compensation at Community Foundation Of Bloomington And Monroe County Inc during 2022 was $39,619. There are 18 employees and 45 volunteers at Community Foundation Of Bloomington And Monroe County Inc.
Here are 21 key members and their salaries (Community Foundation Of Bloomington And Monroe County Inc's CEO's salary is $161,490 and their total compensation is $166,335):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $161,490
- Related: $0
- Other: $4,845
Official website here: www.cfbmc.org
Where can I find the form 990 for Community Foundation Of Bloomington And Monroe County Inc?
Community Foundation Of Bloomington And Monroe County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfbmc.org
Learn more at the official website: www.cfbmc.org
Mission Statement of Community Foundation Of Bloomington And Monroe County Inc
The Community Foundation of Bloomington and Monroe County is dedicated to enhancing its community by raising permanent charitable capital. This organization takes a proactive approach to local philanthropy, building community assets primarily through the creation of endowment funds. By administering grants in various charitable fields that align with donor interests and community needs and opportunities, the foundation seeks to provide sustainable support to local non-profit organizations. Furthermore, the Community Foundation of Bloomington and Monroe County strives to foster inclusive community leadership by engaging in issues of local significance. The organization manages over 200 funds, primarily endowments, including agency-designated, scholarship, donor-advised, field-of-interest, and unrestricted funds.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Community Foundation of Bloomington and Monroe County Inc. plays a significant role in enhancing the quality of life in the local community through permanent charitable capital and effective grant-making. By building community assets, particularly permanent endowment funds, it provides long-term financial support to a wide range of nonprofit organizations.
With the administration of over 200 funds, including scholarships and donor-advised funds, the Foundation ensures that resources are aligned with donor interests and community needs. Its efforts promote inclusive leadership, addressing local issues and fostering collaboration among various stakeholders. The Foundation champions local philanthropy, mobilizing community resources to create positive change and support diverse charitable fields. This in turn strengthens the social fabric of Bloomington and Monroe County, fostering a resilient and engaged community.
This information is meant to be a general summary of Community Foundation Of Bloomington And Monroe County Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,465,192
- Gross Receipts: $10,353,812
Assets and Liabilities:
- Total Assets: $43,168,422
- Total Liabilities: $5,698,477
- Net Assets: $37,469,945
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1990
Phone
(812) 333-9016Principal Officer
Tina Peterson
Main Address
100 SOUTH COLLEGE AVE 240, BLOOMINGTON, IN, 47404
Website
www.cfbmc.orgNTEE Category
Code: T31I - Philanthropy
If you are a representative of Community Foundation Of Bloomington And Monroe County Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.